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Hartland approves $5.005 million note sale; true interest cost 3.5625%
Summary
The Village of Hartland approved Resolution 10‑27‑2025 authorizing the issuance and sale of $5,005,000 in general obligation promissory notes (Series 2025A) after a presentation from bond counsel/advisor Ehlers that showed eight bids, a final TIC of 3.5625%, and projected net principal & interest $632,304 below prior estimates.
The Village of Hartland Village Board on Oct. 27 voted to authorize the issuance and sale of $5,005,000 in general obligation promissory notes, Series 2025A, to finance capital improvement projects.
Greg of Ehlers, the village's financial advisor, presented the note‑sale results and an executive summary. He reported that eight bids were received and the…
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